(Total Views: 355)
Posted On: 09/04/2019 8:32:52 PM
Post# of 4419
Share Structure as at September 3, 2019 [important aspects in bold].
Authorized: 3,950,000 [no change since 92% reduction from 4,950,000,000 after successful r/s]
Outstanding: 2,125,616 [up 230,000 but still significantly reduced from 2,825,399,435 in 2018]
Restricted: 146,420 [no change]
Unrestricted: 1,979,796 [up 230,000 but previously reduced by 50,000]
Held at DTC: 1,711,605 [no change]
Analysis:
A/S reduced by 92% after successful r/s - most stocks do not reduce A/S - from 4,950,000,000 to only 3,950,000.
No significant dilution dilution of Unrestricted shares [net 180,000]
O/S prior to reverse split unchanged since it was reduced significantly on June 30, 2017 from a peak of 4,003,221,101 on March 31, 2017.
Authorized: 3,950,000 [no change since 92% reduction from 4,950,000,000 after successful r/s]
Outstanding: 2,125,616 [up 230,000 but still significantly reduced from 2,825,399,435 in 2018]
Restricted: 146,420 [no change]
Unrestricted: 1,979,796 [up 230,000 but previously reduced by 50,000]
Held at DTC: 1,711,605 [no change]
Analysis:
A/S reduced by 92% after successful r/s - most stocks do not reduce A/S - from 4,950,000,000 to only 3,950,000.
No significant dilution dilution of Unrestricted shares [net 180,000]
O/S prior to reverse split unchanged since it was reduced significantly on June 30, 2017 from a peak of 4,003,221,101 on March 31, 2017.
(0)
(0)
"Per Ardua Ad Astra" - "Through Adversity To The Stars"
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.
Scroll down for more posts ▼
